Benchmarking Nemak USA, Inc. Retirement Savings Plan in Dickson, TN against all plans
Nemak USA, Inc. Retirement Savings Plan in Dickson, TN has the 11th-most participant loans as a percentage of plan assets (5.08%) among the 1,738 plans that have 1,000 to 4,999 total participants. That 5.08% compares to an average of 1.38% across those 1,738 plans.
Reaching the average of 1.38% would imply a savings of $5,914,928 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets
Nemak USA, Inc. Retirement Savings Plan has these standings among those 1,738 plans:
Reaching the average of 1.38% would imply a savings of $5,914,928 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets
Nemak USA, Inc. Retirement Savings Plan has these standings among those 1,738 plans:
- participant loans as a percentage of plan assets = 5.08% (11th-most)
- participant loans = $8,109,713 (14th-most)
- total assets = $159.70M (795th-most in, tied)
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Peers
better than Kia Motors 401(K) Retirement Savings Plan in West Point, GA (8.26%), Burrtec Retirement Savings Plan in Fontana, CA (7.65%), Tulalip Tribes of Washington Employees' Retirement Plan in Tulalip, WA (7.16%), and Hyundai Motor Manufacturing Alabama, LLC 401(K) Plan in Montgomery, AL (6.27%), and 6 others, ending with Blue Cross Blue Shield of Michigan Represented Employees Savings Plan in Detroit, MI (5.39%).
exceeded AAON, Inc. Savings and Investment Plan in Tulsa, OK (4.88%), Johns Manville Hourly Employees 401(K) Plan in Denver, CO (4.87%), Amy's Kitchen, Inc. 401(K) Retirement Plan in Petaluma, CA (4.72%), and Yamaha Retirement and Investment Plan in Newnan, GA (4.70%), and 1,723 others, ending with Olmsted Medical Center Retirement Savings Plan in Rochester, MN (0.00%).
exceeded AAON, Inc. Savings and Investment Plan in Tulsa, OK (4.88%), Johns Manville Hourly Employees 401(K) Plan in Denver, CO (4.87%), Amy's Kitchen, Inc. 401(K) Retirement Plan in Petaluma, CA (4.72%), and Yamaha Retirement and Investment Plan in Newnan, GA (4.70%), and 1,723 others, ending with Olmsted Medical Center Retirement Savings Plan in Rochester, MN (0.00%).
References
- participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) of Schedule H, divided by total assets, Line 1f of Schedule H, multiplied by 100. A high value may indicate excessive borrowing from participants' retirement accounts. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.